Ross Stores Says FY24 Comparable Store Sales Outlook Remain Unchanged At Up 2% - 3%, With EPS Outlook Raised From $5.64 - $5.89 To $5.79 - $5.98, Est $5.92
Portfolio Pulse from Benzinga Newsdesk
Ross Stores has maintained its FY24 comparable store sales outlook at an increase of 2% to 3%, while raising its EPS outlook from $5.64 - $5.89 to $5.79 - $5.98, with an estimated EPS of $5.92.
May 23, 2024 | 8:10 pm
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Ross Stores has maintained its FY24 comparable store sales outlook at an increase of 2% to 3%, while raising its EPS outlook from $5.64 - $5.89 to $5.79 - $5.98, with an estimated EPS of $5.92.
The raised EPS outlook indicates improved profitability expectations, which is likely to positively impact the stock price in the short term. Maintaining the sales outlook provides stability and confidence to investors.
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